How Purchase Order Financing Works

 

Purchase Order Financing
 
 
 
 
 
 

Client Process

 

 

1

You receive a PO from your customer; you need to order product or goods from your supplier.

 

 
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2

You submit a PO to your supplier for the goods you want; the supplier sends you back a formal quote/invoice for the product.

 

 
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3

inFactor ensures the invoice from the supplier is correct and that the open PO with your customer is valid.

 

 
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4

inFactor advances the amount of capital necessary to fund the supplier’s invoice within 24 hours of PO Funding submission.

 

 
 
 
 
 
 
 
 
 
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5

Your customer receives the goods and you submit an invoice for the product to your customer and inFactor.

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6

inFactor confirms the invoice and product has been received.

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7

inFactor closes out the PO Funding and advances up to 95% of the invoice to you!